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Breaking News: Serbia’s New Draft Law to Revolutionize Foreigners’ Access to Citizenship

The new draft law on citizenship being prepared in Serbia aims to streamline and simplify the process for foreigners to obtain Serbian citizenship. The law is expected to introduce measures that will make it easier for eligible foreigners to become Serbian citizens, thus attracting foreign investments and promoting economic development.

Here are 5 of the key provisions of the draft law may include:

Fast-track naturalization

  1. The new law may introduce a fast-track process for naturalization, which would allow eligible foreigners to obtain Serbian citizenship in a shorter timeframe compared to the current process. This could include reducing the residency requirement, which is currently set at five years, or introducing exceptions for certain categories of foreign nationals, such as investors or highly-skilled professionals.

Investment-based citizenship

  1. The draft law may include provisions for investment-based citizenship, where foreigners who invest a certain amount of money in Serbia, such as through real estate purchases or business investments, would be eligible to apply for Serbian citizenship. This could incentivize foreign investments and boost economic growth in Serbia.

Simplified documentation requirements

  1. The new law may streamline the documentation requirements for obtaining Serbian citizenship, making it easier for foreigners to gather the necessary documents and submit their applications. This could include reducing the paperwork and administrative burden associated with the current process.

Language requirements

  1. Less likely, but the draft law may introduce provisions regarding language requirements for obtaining Serbian citizenship. This could include providing language training programs or waiving the language requirement for certain categories of applicants, such as investors or highly-skilled professionals.

Dual citizenship

5. The new law may allow for dual citizenship, meaning that foreigners who obtain Serbian citizenship would be able to retain their original citizenship as well. This could attract more foreigners to apply for Serbian citizenship without having to give up their original nationality.

It’s important to note that the details of the draft law on citizenship in Serbia may change as it goes through the legislative process, and the final law may differ from the initial draft.

PS: It’s recommended to consult official sources for the most up-to-date and accurate information on the new draft law on citizenship in Serbia.

For more information on this or any other legal, tax, or business topic, feel free to write to us at [email protected] at any time or call us at phone number +381113281914 every working day from 08:30 to 16:30.

Information contained in this alert is for the general education and knowledge of our readers. It is not designed to be, and should not be used as, the sole source of information when analyzing and resolving a legal problem, and it should not be substituted for legal advice, which relies on a specific factual analysis. Moreover, the laws of each jurisdiction are different and are constantly changing. This information is not intended to create, and receipt of it does not constitute an attorney-client relationship. If you have specific questions regarding a particular fact situation, we urge you to consult the authors of this publication, your AK STATT representative, or other competent legal counsel.

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